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Module A HW 2 points Sales over the last 30 days was $1,020,000. (The planning period.) Accounts receivable at the end of that planning period
Module A HW
2 points Sales over the last 30 days was $1,020,000. (The planning period.) Accounts receivable at the end of that planning period was $200,000 The inventory at the end of that period was $400,000 The cost of sales was 60% of total sales. Accounts payable at the end of the period was $161000. Compute the cash-to-cash cycle time in days. Round your result to 2 decimal places, if applicable. Do not enter any symbols or labels in the answer field. If the result is less than zero, insert a negative signStep by Step Solution
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